Author: News Desk
https://youtu.be/79nXO7FFmTA The government has no plans for boosting the cryptocurrency sector in the country. This was informed by the Ministry of Finance in the Parliament. No data on cryptocurrency The comments come in the wake of developments in the cryptocurrency space in India. The government is all set to introduce a Bill in the ongoing parliament session to regulate cryptocurrency. The government also said it does not collect any data on the cryptocurrency sector. It is expected to introduce the Cryptocurrency Bill in Parliament after it gets the Cabinet approval. Meanwhile, RBI is also planning to introduce a Central Bank…
https://youtu.be/gqiofdYS3iIDr Santosh Babu IAS (Retd) speaks about the Kerala government’s prestigious projects. Excerpts from an exclusive interview by Channel Iam.com Founder Nisha Krishnan.What is your new role in KSITL and K-FON and what are your vision and mission? The vision and mission were already established by the government a long time back and my job is to take it forward. The K-FON project will connect about 30,000 government offices. First preference is for that. High-speed connectivity will be provided to 30,000 government offices. The government also aims to provide high-speed Internet to 20 lakh families, which is the second priority. The…
https://youtu.be/e6tamJ2r_Ko The government will soon take a decision on Tesla’s proposal for a duty cut in India, NITI Aayog CEO Amitabh Kant said. A final decision will be taken by the Ministry of Finance’s revenue department.Local assembly plantsThe government wants the US-based EV maker to set up manufacturing units in India. The Ministry of Heavy Industries wants Tesla to consider setting up local assembly plants of semi-knocked down units.This will avail reduced duties on kits and later scale up to complete manufacturing . Tesla said that its cars cannot be assembled from kits. The government fears that an outright concession in…
https://youtu.be/LhO4Q7-pdKU Smart mobility solution firm Bounce has unveiled ‘Bounce Infinity E1’. Bounce Infinity E1 is its first consumer electric scooter.Battery as service optionBounce Infinity E1 will have a unique ‘Battery as a service’ option. This is the first of its kind in the Indian market. The scooter with battery and charger is priced at Rs 68,999. The price for the scooter with Battery-as-a-Service is Rs 45,099. Tough competition Bounce Infinity E1 scooters are FAME (Faster Adoption and Manufacturing of Hybrid and Electric vehicle) II eligible. Bounce’s competitors are Ola Electric, Ather Energy, Hero Electric, Bajaj’s Chetak, and TVS.The Bounce Infinity E1 comes in…
https://youtu.be/5N0SMlhqhec Carmakers Honda, Tata Motors, Renault plan to hike vehicle prices from January 2022. Maruti Suzuki, Audi and Mercedes-Benz have already announced the vehicle price hike.Price hike inevitable”Prices of commodities, raw material and other input costs continue to rise. An appropriate price is inevitable in the near to short term, a senior Tata Motors official said.Punch, Nexon, and Harrier are some of the models offered by the company in the domestic market. The price increase is due to a rise in the price of commodities like steel, aluminum, copper, plastic, and precious metal. Transportation cost has gone up affecting the total cost…
https://youtu.be/w81xBS2p_3g Meta has announced new initiatives to help protect women in India. It includes a platform to check and limit the sharing of non-consensual intimate images.Stern actionsThis allows potential victims to hash their intimate images. One of the initiatives called Stop NCII.org is in partnership with UK Revenge Porn Helpline. It will build on the company’s emergency programme NCII Pilot. It will also expand the women’s safety hub to Hindi and 11 other Indian languages. Meta has also appointed Indian members to its Global Women’s Safety Expert Advisors Attachments area.
https://youtu.be/0Kk2IT0MHgU KFC has roped in athlete PT Usha for its new campaign to endorse ‘Express Pick-up’ service. The campaign promotes its newly launched service that promises delivery within 7 minutes. Exciting concept PT Usha epitomises all things speed and is apt to convey Express Pick-up service, an official said. “We are thrilled to have the legend onboard,” Ritu Sharda, chief creative officer, Ogilvy North, said. KFC India is already known for its signature taste, Usha said. It is now breaking all speed limits on pick-up orders with its Express Pickup service, she added.Usha said the concept itself was so exciting that she was willing…
https://youtu.be/RMaWQdb3BaM Reliance Industries Chairman Mukesh Ambani said he is a big believer in blockchain technology. Modernise supply chains “Blockchain is very important for a trust-based, equitable society and can be used to modernise the supply chains that form the lifeblood of the economy,” he said. Blockchain can deliver unprecedented security, trust, automation and efficiency in transaction,” Ambani said. “I think that smart token is making sure that you are creating transactions that can never be changed,” he said. Innovative solutions Ambani believes blockchain technology will also encourage innovative solutions. He said it will take care of the working capital needs…
https://youtu.be/Okmo9Jb7Hvw There is a saying in Malayalam tengu chadikilla, which roughly translates to ‘coconut trees don’t deceive’. Coconut products have high economic value. This Philippines-based agri-tech startup is making such products as an alternative to plastic. Coconut productsAcross the globe, supermarkets and food outlets use styrofoam containers for the packaging of food products. However, styrofoam is not good for nature. There came Fortuna Cools with an innovative idea of making a biodegradable product out of the coconut. The first product of the startup named Coconut cooler was a biodegradable one. This product acted as an alternative to the traditional styrofoam containers. The…
https://youtu.be/tdHY_iakrAU Union minister Nitin Gadkari has said the cost of electric vehicles will drop to that of petrol vehicles in two years. Already the GST on Electric vehicles is only 5% and the cost of lithium-ion batteries is also declining.EV charging stationsBesides, the government has framed a policy allowing petrol pumps to set up EV charging stations. “In two years, there will be a lot of charging points across India. As electric mobility is gaining momentum in India, no artificial push is required,” Gadkari said.”The per kilometre cost of the petrol-based vehicle is Rs 10, that of diesel is Rs7/km. For…